Community Bank of Mississippi, Financial Information

AboutCommunity Bank of Mississippi

 Address:
323 East Third Street
Forest,MS
Scott County,Mississippi
 Established:
Aug 1905
 Number of domestic offices:
53
Total assets$3,906M
Net income$32M
Net income,quarterly$9M
Total deposits$3,539M
Domestic deposits$3,539M
Equity capital$328M
ROA0.89%
ROAQ,quarterly0.91%
ROA,pretax0.91%
ROAQ,quarterly,pretax1.18%
ROE10.28%
ROEQ,quarterly10.89%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

Community Bancshares of Mississippi, Inc., started more than 100 years ago in a small timber community in east central Mississippi and has grown by employing a unique approach to one of America’s most routine industries.

From 1995 until today, with few acquisitions, Community Bancshares has grown from $200 million in assets and a couple of offices to more than $2.4 billion in assets, 40 offices and over 660 employees in four states.

Community Bank of Mississippi have recently invested in a new Operations Center that provides state-of-the-art security and the highest standards of technology. Banks Operations Center is energy efficient with complete server virtualization to ensure maximum computing efficiency and minimum electrical requirements, including motion activated lighting sensors. Operations Center includes card key access with data center and communications multi-factor authentication access.

Community Bank’s remote deposit system, called myDeposit, lets you easily scan and electronically deposit checks to your business accounts right from your desk. This saves you time and the expense of driving to and from the bank. With myDeposit, you can make a deposit, not a trip.